The procedures for the Nov 19 auction had been approved by a bankruptcy court. US supermarket chain Fresh and Easy Neighborhood Market Inc won approval in court of its scheduled Nov.
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Royal decree for bailout funds set to be vetoed by Bahraini parliament
The King Hamas decree granting BHD185 million bailout to Gulf Air is set to be vetoed by a number of MPs since it was done while Parliament was in recess.
Paula Alvary sheds light on Orrick and Pillsbury merger
Merger consultant for Pillsbury and founding principal at Hoffman Alvary, Paula Alvary, explained the merger between two unlikely firms.
Container Store Group to do IPO
Container Store Group Inc had planned to raise USD225 million during its IPO. Storage and organization products retailer Container Store Group Inc had laid out plans to sell USD225 million worth of shares in its US IPO.
Graphite Capital purchases AMS for GBP260 million
Alexander Mann Solutions was purchased for GBP260 million by private equity firm New Mountain Capital.
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While there was an offer made for the club, Birmingham City management said that there were 'no immediate plans' to sell.
Despite the protestations of son Brett, Carl Icahn still pushed on with the sale of shares in Netflix.
beRecruited, the top athletic recruitment social network, was sold off by Madison Parker Capital to the Raine Group.
Northern Beef Packers, which had filed Chapter 11 bankruptcy, sets USD12.75 million minimum bid for its assets.
Two agribusiness firms scramble to purchase shares in Florida citrus grower Alico. The heirs of Ben Hill Griffin Jr have sold off their shares in the market leading Florida based citrus company.
A bid from a private equity firm for its cash solutions business is being mulled by G4S. Charterhouse Capital Partners LLP is contemplating the bid amounting to GBP1 million or USD1.
According to banking sources, the Financial Times said the IPO of UK's Royal Mail was underpriced.
Japan hair and cosmetics company Shiseido on Thursday said it had been discussing with L'Oreal about the latter's acquisition of the Decleor and Carita skincare brands for EUR230 million or USD314.3 million.
In a survey conducted over UAE small and medium enterprises, over 80% would hire more employees in the next six months.
